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CHINA PRESS: Chief Economists Expect Stronger Q4 Policies To Meet Target

CHINA PRESS
EM BulletAPACChinaEmerging Market NewsBulletGlobalFixed Income BulletsForeign Exchange BulletsRegionMarkets

Chief economists expect authorities to make stronger efforts in Q4 to meet the annual growth target of about 5%, following recent top leadership remarks urging officials to strive and complete annual economic tasks, Securities Daily has reported. After August’s data showed incremental policies are needed to break the current state, according to Guo Lei, chief economist at GF Securities. Wen Bin, chief economist at Minsheng Bank, said the issuance of government bonds accelerated significantly in August, but government expenditure this year remained slow.

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Chief economists expect authorities to make stronger efforts in Q4 to meet the annual growth target of about 5%, following recent top leadership remarks urging officials to strive and complete annual economic tasks, Securities Daily has reported. After August’s data showed incremental policies are needed to break the current state, according to Guo Lei, chief economist at GF Securities. Wen Bin, chief economist at Minsheng Bank, said the issuance of government bonds accelerated significantly in August, but government expenditure this year remained slow.